Business
Pricing is something so many e-commerce brands struggle with as online retailers are always competing for the lowest price to serve their customers. How can you ensure that you’re making a profit on each sale? Competitive pricing across your sales channels is critical to the success of your e-commerce brand. But be careful, there are some ways that Amazon will penalize you for this. Listen and learn how to price your products for a profit across all e-commerce channels in this episode. Pricing is one of the most crucial steps to set yourself up for success. It doesn’t matter if you are just starting to sell on Amazon or you’ve been at it for years. It is also one of the major things Amazon looks at when determining who wins the Buy Box. When you’re a seller on one of the biggest and most competitive e-commerce platforms it is very important that you price your products for a profit if you want to grow a successful business. In this podcast episode Kathleen shares her knowledge on what your strategy should be when setting the prices of your products on your Amazon store, your website or selling them across different e-commerce platforms. She reveals her top advice on how to price your products on each of your e-commerce sales channels and dives in to if Amazon requires that you set the lowest prices for the products you offer. Plus, in this helpful episode you will learn how to avoid getting in trouble with Amazon when pricing your products across different online sales channels. If you’d like to hear more of Kathleen’s take on this topic, make sure to listen to this episode – you don’t want to miss it! Show notes at https://www.mastersofmarketplace.com/22